Save Article

Buffett Builds His Tax-the-Rich Case

By

Laura Saunders And

Siobhan Hughes

October 13, 2011

Warren Buffett is one tax-efficient billionaire.

According to a letter Mr. Buffett sent to a Republican congressman on Tuesday, the Berkshire Hathaway Inc. chairman and chief executive disclosed that he made almost $63 million last year, yet paid less than $7 million in federal income tax.